About frigg.eco
About frigg.eco
Frigg.eco for a Sustainable Future
Sustainable infrastructure is key to reduce greenhouse gas emissions and combat climate change. However, we are significantly underfunding important projects such as renewable energy and climate adaptation infrastructure.
This is caused, at least in part, by shortcomings of the traditional financial system. Project developers seeking equity or debt financing are buried under numerous layers of intermediaries, trimming layers of fees in the process, before investor funds can be accessed. It is also difficult for investors in Environment, Social and Governance (ESG) assets to access the specific impact and performance data of projects at a local level. Such information is either not available at all or requires communications between bloated layers of intermediaries.
In other words, the traditional system of sustainable finance is inefficient, opaque and limited, raising the cost of capital for projects seeking funding and reducing the return for investors.
Decentralized Finance (DeFi) offers an opportunity to upgrade our current traditional financial system with composability, efficiency, and transparency.
DeFi encodes financial value with lines of code that sits openly at the blockchain. This allows infinite potential for composability such as secondary liquidity, structured products, and capital efficiency. By default, the open nature of DeFi enables more transparency and regulatory compliance. It also improves data security, analytics and privacy.
The ESG asset management industry manages over $100 billions worth of assets. Further, the securitization market is worth trillions. DeFi is a promising technology that delivers great value for participants in the capital markets, while accelerating the world’s transition towards net-zero emission.
And we are not alone on our journey. The industry is slowly waking up to the true potential of DeFi to deliver great value for projects seeking finance and investors deploying capital. The largest investment bank in the world, J.P.Morgan, is committed to tokenize trillions worth of real world assets on blockchain, revolutionizing how financing is done. HSBC has highlighted the use of DLT to drive efficiency by 10 times. The Bank of International Settlement is issuing green bonds with Hong Kong’s central bank, the Hong Kong Monetary Authority.
To onboard real-world assets to DeFi at scale and to tackle adverse selection, the industry needs a standard.
Here at Frigg, we have developed the Frigg Standard, a suite of compliance, financial and technical workflow that allows investors and project developers easy access to the asset class.
Our software empowers Issuers to connect directly with Investors that seek access to sustainable projects with measurable impact at the asset level. It equalizes the playing field for all investors and asset owners, which leads to higher capital efficiency that accelerates the development of sustainable projects.
Our vision is for the Frigg Standard to serve as the golden standard for securitizing sustainable projects using blockchain- and Internet-of-Things (IoT) technology. Let’s use blockchain for good, starting with the Frigg Standard.
Our solution is a Software-as-a-Service (SaaS) platform that empowers sustainable infrastructure developers to issue digital securities in the form of bonds.
We set a regulatory compliant investor relations page (the “Microsite”) where investors can evaluate tokens on offer and execute buy-/sell-orders. Issuers use the proceeds from Investors to develop new sustainable infrastructure assets, whereas Investors receive stable cash flows from their claims against the sustainable infrastructure asset.
We link the Microsite with our own WebApps, the Frigg Universe and Frigg Globe, which altogether create the Frigg Trinity.
The Frigg Universe is the homepage of Frigg, providing an overview of the different assets available and the Issuers that we work with.
The Frigg Globe is a “Google Earth” style satellite imagery perspective of issuer assets and each asset’s relevant sustainability metric portfolio. It presents investors with real-time data about the assets (e.g., produced electricity, carbon avoidance).
The Microsite is the issuer’s domain. It includes
- Detailed information about the asset backed security such as
- financial reports, and legal documents (eg. Registration- and Terms of Issue)
- Operational performance data (eg. produced electricity and emissions avoided) that can be used by investors to calculate (real-time) asset revenue
- Governance framework (Investor registration/authentication, Know-Your-Customer (KYC) / Know-Your-Business (KYB) / Anti-Money-Laundering (AML)
- Ability to buy and sell tokens in a liquid secondary market supported by a decentralized exchange

Successful transition to net zero must entail radical transparency to fight against greenwashing.
We are one of the first platforms that publish real time project data in public. We work with sustainable infrastructure developers to install Internet-of-Tings (IoT) devices to assets. These feed real-time project statistics, e.g. clean electricity generation and carbon avoidance, that are published on the Issuer’s Microsite.
We have also designed a series of requirements that Issuer comply as a condition for working with Frigg. We uphold the highest standards of Environmental and Social Requirements for any renewable projects that we list on our Microsites.
Read our Whitepaper here

Team












Philip Berntsen
Sustainable infrastructure finance specialist that is passionate about how end-to-end digitalization of project development and funding can help solve the climate crisis.
Role
- Founder and Chief Executive Officer (CEO)
Journey
- Philip has spent more than 7 years with UBS, a Swiss bank, and more than 3 years in research at ETH Zürich and the University of Zurich focusing on developing technology methods to promote sustainable projects. Philip has a master in Statistics from ETH Zürich and is currently doing his PhD in Quantitative Finance at the University of Zurich.
- In parallel to his education and industry endeavors, Philip has worked more than 10 years with renewable energy developers to create robust and scalable models that reduce development and financing costs.
- E-Mail: philip.berntsen@frigg.eco
- Languages: German, English, Norwegian

Prof. Dr. Markus Leippold
Experienced researcher in the field of Climate Finance, Sustainability, Artificial Intelligence, Natural Language Processing, and Quantitative Finance that aims to put academic ideas into practice.
Role
- Co-founder and academic council
Journey
- Markus has been a professor since 2002 at various places such as Imperial College London and now at the University of Zurich. He has gained valuable experience as a visiting researcher at the Federal Reserve Bank of New York and Google.
- Markus has always been interested in putting cutting-edge academic ideas into practice, and Frigg is the ideal opportunity to do so.
- E-Mail: markus.leippold@frigg.eco
- Languages: German, English

Francesco Leonetti
Experienced full-stack IT architect obsessed with creating scalable and secure Software-as-a-Service solutions while ensuring the best customer experience.
Role
- Co-founder and Chief Technical Officer (CTO)
Journey
- Francesco has spent more than 22 years as a Software and DevOps Engineer. Prior to his role at Frigg, he has been a DevOps engineer at Additiv, a Swiss company for financial technology applications.
- Francesco has a master’s in Computer Engineering from the University of Bologna University. In parallel to his previous engagements, Francesco has helped develop technology solutions on a freelance consultancy basis.
- E-Mail: francesco.leonetti@frigg.eco
- Languages: Italian, English

Tommy Back
Experienced digital product innovator combining a broad experience spanning business, strategy, product and technology as well as go to market.
Role
- Chief Product Officer
Journey
- Tommy has spent more than a decade in the tech startup space as a founder, team member and consultant. He has a hands on approach aiming for execution and excellence. Between 2005-2013 he worked as a software engineer in the mobile phones and algorithmic trading industries. Tommy has a MSc Tech in Computer Science from Helsinki University of Technology, today Aalto University.
- Tommy has always been passionate about technology, innovation and big ideas that fundamentally can improve things on a global scale.
- E-Mail: tommy.back@frigg.eco
- Languages: English, Swedish, Finnish, German

Adam Straight
Renewable energy veteran with experience scaling major cleantech companies and projects worldwide.
Role
- Head of Project Origination
Journey
- Adam spent more than eight years building one of the largest hydropower companies in the United States, Eagle Creek Renewable Energy.
- He has experience in investment banking, renewable energy research and finance, as well as institutional equity and wealth management. Adam has an educational background in Economics and Spanish from Bucknell University.
- Adam is passionate about innovative ways to decarbonize all sectors of the economy. He views renewable energy and carbon removal as critical tools in the pathway to zero.
- E-Mail: adam.straight@frigg.eco
- Languages: English, Spanish, German

Olivier Winkler
Devoted full stack IT engineer with an aptitude for Web3, Blockchain, FinTech, creative Web design, and photography.
Role
- Blockchain Engineer
Journey
- Olivier has a background in Computer Science with specialization in Software Engineering. Prior to his role at Frigg, he has spent more than 5 years as a Software Developer at SBB, a Swiss Federal Railways company.
- Next to his academic and industry experience, Olivier is passionate about Web3 development and is regularly participating in Global Hackathons.
- E-Mail: olivier.winkler@frigg.eco
- Languages: German, English

Sergio Lavanga
Senior Frontend Engineer and Interaction Designer chasing technical perfection and effortlessly crafting the user experience of the Frigg Platform.
Role
- Senior Frontend Engineer
Journey
- Swiss computer science EFZ with specialization in software engineering
- Over 10 years of experience as a Senior Frontend Engineer and Interaction Designer
- Founder of Frame One, a creative web development studio
- E-Mail: sergio.lavanga@frigg.eco
- Languages: German, English

Stefan Jandl
Accomplished Creative Director and Concept Engineer that drives the strategic vision and implementation of a cohesive visual universe.
Role
- Creative Director
Journey
- Stefan has been an independent entrepreneur for several years. He brings his long-standing experience as an Art & Creative Director to the Frigg brand and continuously thinking about how to visually evolve the Frigg Trinity (Universe, Globe, and Microsites). Stefan holds a Designer degree from Zurich University of Arts
- He is also the founder of Favorit Studio GmbH, an agency specialized in brand building and product design.
- E-Mail: stefan.jandl@frigg.eco
- Languages: German, English

Oliver Carmignani
Remote sensing expert passionate for 3D hydrology modeling and end-to-end renewable energy analysis.
Role
- Data Scientist
Journey
- Oliver holds a BSc in Engineering and Mgmt. from the Zürich University of Applied Sciences and is engaged as a part-time research assistant focusing on applying Digital Elevation Models (DEMs) and Geographic Information Systems (GIS) to assess renewable energy projects.
- Oliver is also part of a Norwegian government funded competence center for international exchange. Together with Africa based Hydro Power Engineers, Oliver will share his insights from hydrology modeling and learn more about day-to-day hydro project development and operations in East-Africa.
- E-Mail: oliver.carmignani@frigg.eco
- Languages: German, English, Italian

Associate Prof. Dr. Manuel Renold
Associate professor at the Zurich University of Applied Sciences (ZHAW) at the Institute of Data Analysis and Process Design (IDP) and an experienced climate scientist.
Role
- Academic council
Journey
- Manuel is an expert on metrological and climatological feasibility of climate adaption infrastructure assets. He is Frigg’s central point of contact for digitizing the assessment of renewable energy infrastructure through machine learning, data science, and predictive analytics.
- Manuel has always had an interested in putting research into practice, and his engagement with Frigg is the ideal opportunity to do so. Manuel will supervise Oliver and his work with a team of project development and operations companies with projects globally.
- E-Mail: manuel.renold@frigg.eco
- Languages: German, English

Jennifer Shirin
As a marketing and communications professional, Jennifer leverages her diverse background in finance, entrepreneurship, and crypto to drive Frigg's brand strategy and messaging.
Role
- Marketing and communications
Journey
- Jennifer graduated from the International School of Management with a bachelor's degree in finance and management, laying the foundation for her strong business and finance background. She also founded several successful businesses in web design, e-commerce, and tutoring, honing her entrepreneurial and marketing skills.
- In 2017, Jennifer became interested in cryptocurrencies and eventually became a crypto finfluencer with over 20,000 followers on TikTok. She has a keen interest in marketing and is working as a journalist for one of Germany's biggest crypto blogs.
- E-Mail: jennifer.shirin@frigg.eco
- Languages: German, English